eZ Cash Overview
eZ Cash is Sri Lanka's first mobile money service. Dialog Axiata launched this service. It works through your mobile phone. You can use USSD code *#111# or the Genie app. This service creates a cash account for you.
There are two main account types. The Classic Account has a LKR 10,000 daily limit. The Power Account offers up to LKR 150,000 daily. You need to upgrade your Classic account for more features. The Central Bank of Sri Lanka regulates eZ Cash.
You can send money to other users. This service is free across networks like Dialog and Airtel. You can pay bills for electricity or water. Merchant payments are also possible with QR codes. Cash withdrawals are available at many outlets.
Partner Banks and Services
Many banks work with eZ Cash. You can top up your wallet from your bank account. LankaClear's JustPay platform makes this easy. Bank of Ceylon is a partner. Commercial Bank also supports top-ups.
Peoples Bank and Hatton National Bank are included. Sampath Bank and Nations Trust Bank also connect. Pan Asia Bank and DFCC Bank are partners. All CBSL-licensed commercial banks support this. Bank top-ups are free of charge.
eZ Banking offers more services. You can deposit cash to Genie Savings accounts. There are over 1,300 eZ Banking outlets. HNB Finance loan repayments are accepted. Over 25,000 outlets take these payments for free. VisionFund Lanka offers QR loan repayments too.
Account Eligibility and Types
You need a mobile connection to use eZ Cash. Dialog, Airtel, Etisalat, or Hutch SIMs work. Your SIM must be registered in your name. This is a basic requirement for account setup. It ensures proper user identification.
The Classic Wallet registers instantly. It uses your mobile registration data for KYC. For a Power Wallet, you visit a Dialog outlet. You need your National Identity Card (NIC). A passport also works for identification.
Proof of address is sometimes needed. A utility bill or bank statement serves this purpose. This is for upgrading your account. Full KYC is similar to opening a bank account. This upgrade increases your daily transaction limits.
eZ Cash Fees and Charges
eZ Cash charges different amounts for services. Wallet registration costs LKR 100. Reloading your wallet is free. Sending money to another eZ Cash user is also free. Merchant payments do not cost anything.
Paying LECO and WaterBoard bills costs LKR 20. CEB bill payments are LKR 10 to LKR 20. This fee depends on your bill amount. A mini statement costs nothing. A detailed printed statement costs LKR 200.
ATM withdrawals at merchant outlets are free. Bank top-ups via JustPay are also free. Depositing cash to Genie Savings accounts costs nothing. eZ Cash accounts do not earn interest directly. Interest applies to third-party microloans only.
| Transaction Type | Classic Wallet Charge | Power Wallet Charge |
|---|---|---|
| Wallet Registration | LKR 100 | LKR 100 |
| Reload (Dialog/Hutch/Airtel) | Free | Free |
| Send eZ Cash to eZ Cash | Free | Free |
| Merchant Payments | Free | Free |
| LECO & WaterBoard Payments | LKR 20 | LKR 20 |
| CEB Bill Payments | LKR 10-20 | LKR 10-20 |
| Mini Statement | Free | Free |
| Detailed Printed Statement | LKR 200 | LKR 200 |
| ATM Withdrawal (merchant) | Free | Free |
| Bank Top-Up (JustPay) | Free | Free |
| Cash Deposit to Genie Savings | N/A | Free |
Application Process
Registering for eZ Cash is simple. Dial *#111# on your phone. You can also download the Genie Superapp. Then, select the option to register for eZ Cash. This starts your new mobile wallet setup.
You need to set a four-digit PIN. Keep this PIN private and secure. Do not share it with anyone. After setting your PIN, you get an SMS. This message confirms your Classic Wallet is ready. You can start using it right away.
To upgrade to a Power Wallet, visit a Dialog outlet. Bring your original NIC or passport. You may also need proof of address. This includes a utility bill or bank statement. The bill should be dated within three months.
Benefits and Considerations
eZ Cash helps financial inclusion. It serves people without bank accounts. You get 24/7 access to transactions. Digital payments are quick and easy. Most peer-to-peer transfers are free of charge.
Reduced transaction times are a key benefit. QR code payments are very fast. USSD options are also quick. It helps in daily money management. Many services are available in one place.
Be aware of some risks. Your PIN could be compromised. This can lead to unauthorized transactions. Erroneous transfers are not reversible. Always double-check recipient details. Keep your app updated for new features.
Monitor your transaction alerts. Check SMS notifications regularly. Ensure your PIN is secure. Never share one-time passwords (OTPs). These steps help protect your money.